Figure out Where Your Money Should be Going

You may have been shocked out how much money you were spending on certain aspects of your life. And maybe you don't know what you should be spending on certain areas to be shocked at how much your spending is over budget.

So here's how your spending should break down. And by the way, this is on your net income, not gross.

35% Housing
15% Transportation
15% Debt repayment
10% Savings
25% Clothing, travel, health care, entertainment, etc.

Next, we'll figure out how to make the necessary changes to your spending habits to reallocate the funds the ways they should be getting spent.